Chiba, Japan – December 1, 2009 – Dr. Jong-Kap Kim, Chairman and CEO of Hynix Semiconductor is the recipient of the Akira Inoue Award for outstanding achievement in environment, health and safety in the semiconductor industry. The award is sponsored by SEMI and will be presented on December 2 during the SEMICON Japan President’s Reception in Makuhari, Chiba.

In 2007, Dr. Kim joined Hynix Semiconductor and declared “the second founding” which established four business principles for achieving the company’s vision to be the world’s best semiconductor company. Advocating Environmental Management as one of the four business principles, he announced a vision that would result in Hynix Semiconductor becoming the world’s best EHS worksite through a system of EHS and technology competence. Under Environmental Management, Dr. Kim is actively promoting four strategies to realize this ESH vision: Green Products, Green Process, Green Facilities, and Green Community.

"On behalf of SEMI members worldwide, we are pleased to bestow the Akira Inoue Award on Dr. Jong-Kap Kim," said Stanley T. Myers, president and CEO of SEMI. “With this honor, we commend Dr. Kim for his environmental vision and actions. His active leadership in ensuring the production of environmentally-friendly products, establishing the Green Product Management System, and successfully participating in the voluntary WSC PFC emission reduction agreement are examples of Dr. Kim’s commitment to EHS excellence."

Dr. Kim’s leadership has resulted in significant EHS achievements by Hynix semiconductor. Those cited by the Akira Inoue Award committee in the selection of Dr. Kim include:

Adopted an external environmental management monitoring system in 2007 and carried out environmental impact evaluations on business sites throughout Korea.

Became the first global semiconductor industry company to launch a Clean Development Mechanism (CDM) project.

Reduced SOx gas emissions by 34% and overall air emissions by 67% in 2008 compared to 2007.

Used the industry’s first analysis method of ecotoxicity to control water effluent.

Established a systematic energy reduction and investment plan in 2007.

Participated in the Carbon Disclosure Project beginning in 2006.

Recognized in 2008 for efforts to reduce carbon emissions and for improving the EHS management system.

The Akira Inoue Award is sponsored by the Environmental, Health and Safety (EHS) Division of SEMI. The award is named after the late Akira Inoue, past president of Tokyo Electron Limited and a strong advocate of the environment, health and safety. Inoue also served on the SEMI Board of Directors. The award recognizes individuals in industry and academia who have made significant contributions to this area by exercising leadership or demonstrating innovation in the development of processes, products or materials that reduce EHS impacts.

Past recipients of the Akira Inoue Award include Atsutoshi Nishida, President and CEO of Toshiba Corporation, Pasquale Pistorio, former CEO of STMicroelectronics, Craig Barrett, former CEO of Intel Corporation, Farhang Shadman, director of the Engineering and Research Center for Environmentally Benign Semiconductor Manufacturing at the University of Arizona, Saburo Kusama, president of Epson Corp., Isao Uchigasaki, chairman of the board of Hitachi Chemical Company, Gerald Ermentrout, vice president and general manager of the Electronics Division of Air Products, Chang-Gyu Hwang, president and CEO of the Semiconductor Business of Samsung Electronics, and Richard K. Templeton, president and CEO of Texas Instruments Incorporated.

About Hynix Semiconductor:

Hynix Semiconductor Inc. (HSI) of Icheon, Korea, is the world’s top-tier memory semiconductor supplier offering Dynamic Random Access Memory chips (“DRAMs”), Flash memory chips ("NAND Flash") and CMOS Image Sensor ("CIS") for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about Hynix is available at www.hynix.com.

About SEMI:

SEMI is the global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries. SEMI member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members grow more profitably, create new markets and meet common industry challenges. SEMI maintains offices in Austin, Beijing, Brussels, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit www.semi.org.